US Highway 70 Ruidoso Downs, NM $ 2,900,000
US Highway 70
$ 2,900,000
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US Highway 70

Ruidoso Downs, NM, 88346
$ 2,900,000
Baths0.0

Monthly Estimate*

$ 20,257

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Studio

Lots and Land for sale in Ruidoso Downs, NM

for $2,900,000. The lot size is 130.

A prime location property ready for an upscale mountain home or a small development of secluded and exclusive executive retreats. The 130 acre Mira Loma Ranch is located directly across from Ruidoso Downs Race Track. A Mapright Map is attached showing the location, very approximate boundaries, and some features. It is about 10 minutes from downtown Ruidoso and yet embodies what New Mexico rural mountain life can be. Abounding in peace and quiet, but close to outdoor recreation, skiing, horse racing, and the culture of Southern New Mexico, Ruidoso, and the Sacramento Mountains. Plat consists of 7 sub-divided adjacent parcels. Prop. Tax estimate not available. Also listed under Farm/Ranch listing 1033586. Contact Broker for Water Rights information.

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Lots and Land Active

Price

$ 2,900,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 7,755

Style

Lot Size

130

Town/City

Ruidoso Downs

County/Region

Lincoln

MLS | Web ID

1035944

Features
General
Sewer None
Utilities ElectricityAvailable PhoneAvailable SeeRemarks WaterAvailable SewerNotAvailable
Possession ClosingFunding
Topography Other SeeRemarks
Township 11S
Current Use Recreational Unimproved
County Lincoln
New Construction N
Property Type Land
HOA / Comm Assn N
Attached Garage N
Subdivision Name N/A
Possible Use Recreational Unimproved
Garage Y/N N
Status Active
Directions Contact broker for directions. Property is located directly across US Highway 70 from Ruidoso Downs Race Track.
City Ruidoso Downs
Buyer Agent Compensation 3%
Disclosures RANM2100Disclosure
View Y/N Y
Senior Community Y/N N
Zoning Description R-1
MLS Area 500 - Lincoln
Lot Size Square Feet 5662800.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name US Highway 70
Listing Terms Cash Conventional
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 7755.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 326
Standard Status Active
Tax Lot Fee Simple
Legal Description N/A
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Exterior
Vegetation HeavilyWooded
Fencing Partial
Lot Features Meadow Views Wooded Acreage
Water Source Private Well
Spa N
Lot Dimensions See survey
Lot Size Acres 130.0
Road Surface Type Gravel
Lot Size Source Survey
Number of Lots 7
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Electric On Property Y/N N
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* Excluded Features
List By
Erik Thompson

Listing Agent

Republic Ranches, Llc

Broker

rik@republicranches.com

Email

Affordability Calculator

$20,904
Per Month
97%
3%
0%
Monthly Principal & Interest
$20,257
Monthly Property Taxes
$646
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
537023 Elementary School
537125 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/9/2023$2,900,000 Listed Price

Map


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US Highway 70, Ruidoso Downs, NM, 88346 is a Lots and Land for sale at $2,900,000 with a lot size of 130. US Highway 70 is a studio with 0.0 baths. The property's zip code is 88346 which is in Ruidoso Downs, NM